The first table below looks at the prevalence of the term Financial Institution in IT contracts advertised for the Wales region. Included is a guide to the average contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 1 August 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our General category for the Wales region.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
1 Aug 2014
Same period 2013 Same period 2012
Financial Institution
Rank 67 55 51
Rank change year-on-year
-12 -4
Contract jobs citing Financial Institution 2 1 1
As % of all contract IT jobs located in Wales 0.27% 0.18% 0.16%
As % of the General category 0.87% 0.51% 0.47%
Number of daily rates quoted 1 1 1
Average daily rate
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£390 £390 £400
Average daily rate % change year-on-year
- -2.50%
UK excluding London average daily rate £365 £385 £378
% change year-on-year
-5.19% +1.98%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £9.94 £11.38 £14.50
% change year-on-year
-12.61% -21.55%
General Category
Wales
Contract IT job ads with a match in the
General category
231 196 214
As % of all contract IT jobs located in Wales 31.13% 35.00% 34.08%
Number of daily rates quoted 169 134 149
Average daily rate £390 £375 £400
Average daily rate % change year-on-year
+4.00% -6.25%
90% offered a daily rate of more than £223 £225 £293
10% offered a daily rate of more than £510 £475 £500
UK excluding London average daily rate £388 £388 £375
% change year-on-year
- +3.33%
Number of hourly rates quoted 3 2 6
Average hourly rate £22.50 £10.50 £15.00
Average hourly rate % change year-on-year
+114.28% -30.00%
90% offered a hourly rate of more than £12.50 £10.10 £11.25
10% offered a hourly rate of more than £24.50 £10.50 £21.00
UK excluding London average hourly rate £21.50 £22.50 £27.00
% change year-on-year
-4.44% -16.66%
Financial Institution
UK

Financial Institution
Jobs Demand Trend in Wales

This chart provides a 3-month moving total of IT contractor jobs citing Financial Institution across the Wales region as a proportion of the total demand within the General category.

Financial Institution Jobs Demand Trend in Wales

Financial Institution
Daily Rate Trend in Wales

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Financial Institution across the Wales region.

Financial Institution Daily Rate Trend in Wales

Financial Institution
Contract Job Locations in Wales

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Financial Institution within the Wales region over the 3 months to 1 August 2014. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
South Wales - 2 £390 -
Financial Institution
UK

Financial Institution
Top 17 Related IT Skills in Wales

For the 6 months to 1 August 2014, IT contractor jobs across the Wales region citing Financial Institution also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Financial Institution.

1 3 (100.00%) Finance
2 2 (66.67%) Stakeholder Management
2 2 (66.67%) Project Management
3 1 (33.33%) GAP Analysis
3 1 (33.33%) AS400
3 1 (33.33%) SQL
3 1 (33.33%) MS Project
3 1 (33.33%) MS Office
3 1 (33.33%) PRINCE2
3 1 (33.33%) Data Warehouse
3 1 (33.33%) Microsoft
3 1 (33.33%) PRINCE2 Certification
3 1 (33.33%) Teradata
3 1 (33.33%) Banking
3 1 (33.33%) Risk Analysis
3 1 (33.33%) Network Architecture
3 1 (33.33%) Validation

Financial Institution
Top Related IT Skills in Wales by Category

For the 6 months to 1 August 2014, IT contractor jobs across the Wales region citing Financial Institution also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Financial Institution. Up to 20 skills are shown per category.

Applications
1 1 (33.33%) MS Project
1 1 (33.33%) MS Office
Database & Business Intelligence
1 1 (33.33%) Data Warehouse
General
1 3 (100.00%) Finance
2 1 (33.33%) Banking
Job Titles
1 2 (66.67%) Project Manager
2 1 (33.33%) Analyst
2 1 (33.33%) Data Analyst
2 1 (33.33%) Data Modeller
Miscellaneous
1 1 (33.33%) AS400
Processes & Methodologies
1 2 (66.67%) Stakeholder Management
1 2 (66.67%) Project Management
2 1 (33.33%) GAP Analysis
2 1 (33.33%) PRINCE2
2 1 (33.33%) Risk Analysis
2 1 (33.33%) Network Architecture
2 1 (33.33%) Validation
Programming Languages
1 1 (33.33%) SQL
Qualifications
1 1 (33.33%) PRINCE2 Certification
Vendors
1 1 (33.33%) Microsoft
1 1 (33.33%) Teradata